$ $1,550,000
1359 Danforth Avenue
VT
University Costco Subway

1359 Danforth Avenue

Commercial Apartment
Toronto, Ontario M4J 1N1
3
3
$
Sold
$ 1,550,000
Taxes $9,572 2024
Maintenance Contact Agent
University Costco Subway

History

MLS®# E12100756

MLS®# E12100756

2025.08.22 Sold $1,550,000
2025.04.24 New $1,550,000

Details

Interior Rooms
MLS®#
copy
Type
Commercial Apartment
Lot Size
19 × 100 Feet
Parking
0 Total Parking Spaces
0 None Garage
2 Parking Spaces
Last Update
2025-10-01
Possession Date
Flexible
Listing Date
2025-04-24
Air Conditioning
No
Broker
EXP REALTY

About

Open your real estate portfolio to this opportunity of owning this 3-Storey Commercial Building in the gentrifying Danforth Corridor! Located just steps away from Greenwood Subway Station! Great cafés, restaurants and other businesses in the area! Potential market rents could be $9,750/month with a cap rate of 6.52%. AMAZING OPPORTUNITY FOR DEVELOPMENT!!!.... The corner building that is to the left of 1359 Danforth Ave is also for sale! Combine both buildings for a total of 68ft x 100ft on a corner block! Future Ontario Line and new condo developments are changing the landscape in this area. This building is 19ft x100ft and has a retail space of 871 SqFt with about 16 ft retail store glass frontage and high ceilings! Plus, another 879 SqFt in the basement with a separate rear access! The existing tenants occupy the main floor retail, basement + 2nd Floor apartment. The 2nd set of tenants occupy the 3rd Floor apartment. Both the 2nd Floor apartment and 3rd Floor apartment have a similar footprint of 814 SqFt each! They both have: Front and rear access! Great sized 2 bed + den! Family room! Kitchen! 4-pc Bath! Walkout balcony! All apartments are self contained with (3) separate hydro meters and (3) water tanks! 2 surface parking spots at rear lane! Don't miss this rare opportunity to own a great investment in this fabulous central location! Too much to mention!!!...Click 'Virtual Tour' button! All Electrical Light Fixtures Throughout Building. *2nd Floor: Fridge and Hood Fan. *3rd Floor: Fridge, Stove and Hood Fan.

The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
The REALTOR® trademark is controlled by The Canadian Real Estate Association (CREA) and identifies real estate professionals who are members of CREA.

Investment Analysis

Estimated Monthly Costs
--
per month
Estimated Closing Costs
--
Property Tax $9,572 2024 year

Schools

JK - Grade12 University/College

Elementary (JK-G8)

Fraser Rank(2018) 927 / 3052 English
Fraser Rank(2018) 480 / 3052 Catholic French
Fraser Rank(2018) 1921 / 3052 Catholic English French
Catholic French

Secondary (G9-G12)

Fraser Rank(2023) 86 / 747 Secondary English IB
Fraser Rank(2023) 478 / 747 Secondary English Gifted
Secondary
Secondary
Socrates 2.7 km
Secondary
Fraser Rank(2023) 201 / 747 Secondary Catholic English
Fraser Rank(2023) 119 / 747 Secondary Catholic English
Fraser Rank(2023) 119 / 747 Secondary Catholic English
Centennial College - Story Arts Centre 1.7 km
951 Carlaw Ave, Toronto, ON M4K 3M2
(416)289-5100

Neighbourhood

Subway Groceries
Greenwood line: Line 2:Bloor-Danforth 154 m
Coxwell line: Line 2:Bloor-Danforth 457 m
Donlands line: Line 2:Bloor-Danforth 767 m
Costco Thorncliffe Park 3.2 km
42 OVERLEA BLVDTORONTO, ON M4H 1B6
Sunny Supermarket 3.6 km
747 Don Mills Road Unit#60,North York, ON, M3C 1T2
Great Food Supermarket 4.7 km
1400 Victoria Park Ave. Toronto, M4A 2L8
T&T Supermarket 4.7 km
222 Cherry Street, Toronto, ON. M5A 3L2
Galleria Supermarket 4.9 km
558 Yonge St, Toronto, ON M4Y 1Y9

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